SAIC reports Q1 adjusted EPS $1.92, consensus $1.92

Reports Q1 revenue $1.85B, consensus $1.84B. Net bookings for the quarter were approximately $2.6B, which reflects a book-to-bill ratio of 1.4 and a trailing twelve months book-to-bill ratio of 1.0. SAIC‘s estimated backlog at the end of the quarter was approximately $23.6B. Of the total backlog amount, approximately $3.5 billion was funded. “We reported solid financial results in the quarter as we began executing against our enterprise growth strategy introduced at SAIC’s 2024 Investor Day,” said SAIC CEO Toni Townes-Whitley. “We are confident that the strategy and investments we are making best position the company to maximize long-term shareholder value. While we are seeing early indications of progress, we expect returns from our investments to further accelerate in FY26 and FY27.”